Oakhaven
Data as of June 2026. Source: Realtor.com.
The MEMPHIS, TN real estate market (38141) currently shows 47 active listings, with 21 pending sales. Homes are averaging 58 days on the market before going under contract.
Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.
Homes are selling faster, averaging 58 days on market compared to 60 days last year.
The median listing price has fallen 11.1% year-over-year, from $214,450 to $190,750.
Whether you are buying or selling in MEMPHIS, TN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.
Population: 23,123 · Density: 1,143.4/mi² · Median household income: $67,584
Typical home value: $135,087 · Homeownership: 68.2%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 38141 | Memphis, TN 38141 | 0.0 mi | 38 | $7,629,792 | $182,375 | $200,784 |
| 38125 | Memphis, TN 38125 | 3.8 mi | 64 | $29,145,728 | $330,225 | $455,402 |
| 38118 | Memphis, TN 38118 | 4.5 mi | 105 | $15,429,540 | $139,500 | $146,948 |
| 38654 | Olive Branch, MS 38654 | 5.8 mi | 330 | $142,347,480 | $399,975 | $431,356 |
| 38117 | Memphis, TN 38117 | 7.4 mi | 197 | $74,728,404 | $280,875 | $379,332 |
| 38672 | Southaven, MS 38672 | 7.6 mi | 102 | $40,251,648 | $385,500 | $394,624 |
| 38671 | Southaven, MS 38671 | 8.8 mi | 99 | $26,732,871 | $264,900 | $270,029 |
| 38114 | Memphis, TN 38114 | 9.3 mi | 110 | $16,903,700 | $114,950 | $153,670 |
| 38122 | Memphis, TN 38122 | 10.5 mi | 134 | $23,937,626 | $163,253 | $178,639 |
| 38112 | Memphis, TN 38112 | 11.4 mi | 78 | $21,691,098 | $242,475 | $278,091 |
| 38106 | Memphis, TN 38106 | 11.9 mi | 115 | $11,966,670 | $84,200 | $104,058 |
| 38637 | Horn Lake, MS 38637 | 11.9 mi | 54 | $14,868,684 | $227,000 | $275,346 |
| 38016 | Cordova, TN 38016 | 12.5 mi | 146 | $48,018,524 | $327,625 | $328,894 |
As of June 2026, there are 47 active listings in MEMPHIS, TN (zip code 38141), compared to 51 the prior year.
The median listing price in MEMPHIS, TN 38141 is $190,750 as of June 2026, a 11.1% decrease from $214,450 the prior year.
Homes in MEMPHIS, TN 38141 spend an average of 58 days on the market before going under contract, compared to 60 days the prior year.
Based on current inventory and days-on-market data as of June 2026, MEMPHIS, TN 38141 is currently a Seller's Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 58 days on market compared to 60 days last year.
With SELL123.com's maximum 3% commission, sellers in MEMPHIS, TN 38141 save an estimated $3,815 compared to a typical 5% commission on the median listing price of $190,750. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.